228, Hayat Boulevard 1B
Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 228, Hayat Boulevard 1B
What is 228 worth today?
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Source: Dubai Land Department. Updated 9 May 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,378 sqft
- Floor
- 2nd of 7
- Parking
- P-106
- Developer
- Nshmi Development
- Completed
- 2020
- Service charge
- AED 23,400 /yr
- Last sold
- AED 1.35M · November 2023
- Building
- Hayat Boulevard 1B
About 228, Hayat Boulevard 1B
228 is a three-bedroom apartment of 1,378 sqft on the 2nd floor of Hayat Boulevard 1B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 10 November 2023 for AED 1,350,000, or AED 979 per sqft, 46% above the AED 671 three-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 9 May 2026, is AED 115,000 a year: a gross yield of 8.5% on the 2023 price, before the service charge of about AED 23,400 a year.
Sales and rents for 228 over time
228 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Hayat Boulevard 1B, and where 228 sits
All 23 3-beds →228 last sold in November 2023 at AED 979 per sqft, 46% above what three-beds in Hayat Boulevard 1B were fetching at the time (AED 671). Over the last 12 months three-beds sold for AED 1,615,000, around AED 1,142 per sqft, and rent for AED 96,802 to 125,006 a year. 228's AED 115,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 1,414 sqft | 1,615,000 | 1,142 | ||
| 28 Oct 202428 October 2024 | 1,454 sqft | 1,550,000 | 1,066 | ||
| 17 Oct 202417 October 2024 | 2,409 sqft | 1,775,000 | 736 | ||
| 24 Jul 202424 July 2024 | 1,515 sqft | 1,400,000 | 924 |
Hayat Boulevard 1B
Building195 apartments, studios to 4-bed over 7 floors in Town Square, completed in 2020 by Nshmi Development. 12 sold in the last 12 months.
- Typical price per sqft
- AED 1,244 Up 3.6%
- Typical sale
- AED 1.13M
- Typical rent
- AED 65K /yr
- Typical yield
- 7.3%
Other units on the 2nd floor
All 195 units in Hayat Boulevard 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 934 sqft | AED 871KAED 870,888 · Dec 2017December 2017 | ||
| 202 | 3-bed | 1,414 sqft | AED 1.19MAED 1,188,888 · Nov 2016November 2016 | 120,000 /yr | |
| 203 | 1-bed | 329 sqft | AED 227KAED 226,500 · Dec 2022December 2022 | 45,000 /yr | |
| 204 | 1-bed | 603 sqft | AED 591KAED 590,888 · Jan 2018January 2018 | 65,000 /yr | |
| 205 | 1-bed | 656 sqft | AED 800KAED 800,000 · Oct 2026October 2026 | 54,853 /yr | |
| 206 | Studio | 314 sqft | AED 460KAED 460,000 · Dec 2024December 2024 | 42,000 /yr | |
| 207 | 1-bed | 607 sqft | AED 675KAED 675,000 · May 2024May 2024 | 55,000 /yr | |
| 208 | 1-bed | 679 sqft | AED 685KAED 685,000 · May 2024May 2024 | 60,000 /yr | |
| 209 | 1-bed | 375 sqft | AED 175KAED 175,000 · Jul 2019July 2019 | 63,000 /yr | |
| 210 | 2-bed | 896 sqft | AED 1.07MAED 1,073,000 · Jun 2025June 2025 | 58,567 /yr | |
| 211 | 2-bed | 1,072 sqft | AED 925KAED 925,000 · Sep 2024September 2024 | 49,500 /yr | |
| 212 | 1-bed | 683 sqft | AED 649KAED 648,888 · Nov 2016November 2016 | ||
| 213 | 1-bed | 698 sqft | AED 710KAED 710,000 · Feb 2025February 2025 | 50,000 /yr | |
| 214 | 2-bed | 1,073 sqft | AED 912KAED 911,888 · Jun 2017June 2017 | 80,000 /yr | |
| 215 | 2-bed | 894 sqft | AED 965KAED 965,000 · Jan 2025January 2025 | 85,000 /yr | |
| 216 | 1-bed | 744 sqft | AED 717KAED 716,888 · Jan 2018January 2018 | 60,000 /yr | |
| 217 | 1-bed | 680 sqft | AED 670KAED 670,000 · Jan 2024January 2024 | 60,000 /yr | |
| 218 | 1-bed | 608 sqft | AED 640KAED 640,000 · Jul 2024July 2024 | 55,000 /yr | |
| 219 | Studio | 312 sqft | AED 475KAED 475,000 · Dec 2024December 2024 | 43,000 /yr | |
| 220 | 1-bed | 656 sqft | AED 570KAED 570,000 · Oct 2023October 2023 | 48,400 /yr | |
| 221 | 1-bed | 603 sqft | AED 545KAED 544,888 · Jan 2017January 2017 | 47,000 /yr | |
| 222 | 1-bed | 657 sqft | AED 610KAED 609,888 · Jan 2017January 2017 | 56,000 /yr | |
| 223 | 3-bed | 1,415 sqft | AED 1.1MAED 1,100,000 · Aug 2023August 2023 | 115,000 /yr | |
| 224 | 2-bed | 935 sqft | AED 841KAED 840,888 · Nov 2020November 2020 | 80,000 /yr | |
| 225 | 3-bed | 1,454 sqft | AED 1.55MAED 1,550,000 · Oct 2024October 2024 | 76,000 /yr | |
| 226 | 2-bed | 886 sqft | AED 824KAED 823,888 · Apr 2017April 2017 | 80,000 /yr | |
| 227 | 2-bed | 900 sqft | AED 845KAED 844,888 · Nov 2016November 2016 | 85,000 /yr |
228, Hayat Boulevard 1B in numbers
- Sold twice: first on 9 February 2017 for AED 1,188,888, last on 10 November 2023 for AED 1,350,000 (AED 979 per sqft).
- Rented since September 2020 on 4 Ejari contracts, from AED 55,000 to AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2023 price is 8.5%, before a service charge of about AED 23,400 a year (AED 16.97 per sqft).
- Three-beds in Hayat Boulevard 1B sold for AED 1,615,000–1,615,000 in the 12 months to November 2026; the building's median across all types is AED 1,244 per sqft.
Source: Dubai Land Department. Updated 9 May 2026.
Questions about 228, Hayat Boulevard 1B
What did unit 228 last sell for?
AED 1,350,000 on 10 November 2023: AED 979 per sqft for 1,378 sqft. The unit has 2 registered sales; the first was AED 1,188,888 in February 2017.
What is the rent for unit 228?
AED 115,000 a year on the contract signed on 9 May 2026. The previous contract, from September 2022, was AED 60,176; the unit has been rented since September 2020.
How big is unit 228?
1,378 sqft (128.0 sqm): a three-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2020.
What is unit 228 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Hayat Boulevard 1B sold for AED 1,615,000 to 1,615,000 in the last 12 months, around AED 1,142 per sqft.
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Mortgage on 228, Hayat Boulevard 1B
Starts from the last sale price (AED 1.35M, 10 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →